BOUGHT* - $1,225,000

Very quiet auction with very few people in attendance on a sunny Port Melbourne afternoon. An opening bid of $1,100,000 was swiftly followed by a vendor bid of $1,150,000. After the half time break the property was not announced on the market and the original bidder followed the vendor bid with a further $10,000 rise. The property subsequently passed in and ...

Crowd Numbers: 30 people
Bidderman: 1 bidders

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124 Stokes Street PORT MELBOURNE

Item: 124 Stokes Street PORT MELBOURNE
Rating: 664
Author: James Home Ratings

Benefits

Higher positional potential for long term growth

Growth above average metro in last decade

Seemingly low additional cash required after purchase

Minimal ongoing outgoings

Lower risk as established precinct

Concerns

Touches other properties

Possible negative noise impact

Poor car garaging

James Home Ratings
03 9804 3133
[email protected]

Comments on 124 Stokes Street PORT MELBOURNE

A well renovated, single-fronted Art Deco home which would suit a modern young family quite well. Four bedrooms is a big plus in this area and the rear open-plan living area is a good size and connects well to the rear courtyard. Being close to Graham Street could be concern in terms of noise, that said the two-storey residence to the northern side could baffle this to some extent and the location is close to Bay Street shops, Graham Street light rail station and the beach.

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4 Bedroom	2 Bathroom	1 Parkings	161sqm Land Area
Floor Plan	Agent	Sold - 1:30pm Dec 4 2010	Quote $1,200,000+

Assess Question: Is this property a good home?